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the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the wealthy. the president is campaigning for his plan, taking questions on twitter today, and releasing this new web video. >> under my plan, first of all, 98% of folks who make less than $250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. >> ifill: treasury secretary timothy geithner met with congressional leaders last week and pressed the administration's case in a series of talk show appearances this weekend. >> rates are going to have to go up on the wealthiest americans. those rates are going to have to go up. >> there's no possibility that we're going to find a way to get our fiscal house in order without those tax rates going back up. >> there's no path to an agreement that does not involve republicans acknowledging that rates have to go up for the wealthiest americans. >> ifill: but boehner, also on a sunday talk show appearance pushed back. >>
the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the wealthy. the president is campaigning for his plan, taking questions on twitter today, and releasing this new web video. >> under my plan, first of all, 98% of folks who make less than $250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. >> ifill:...
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ stuart: it seems like there is less interest in going to the stores. online sales topped $20 billion. that is up 15% compared to last year. twenty-nine days until we fall off the fiscal cliff. timothy geithner says the ball is in the republican report to compromise. >> i cannot promise that. that is a decision that lies in the hands of the republicans. if they recognize the reality that we cannot afford to extend those tax rates, we have a basis of an agreement. stuart: how was that for an introduction. before we launch into your talking points, and i know you well, i want to mention this. the founder of cosco, as you know, he appeared at the democrat convention. big supporter of president obama. loves the tax the rich idea. he borrowed $3.5 billion
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ stuart: it seems like there is less interest in going to the stores. online sales topped $20 billion. that is up 15% compared to last year. twenty-nine...
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and become the first and only national medicare advantage coany to achie a 5-star rating for a medicare pn... your efforts resu in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones o matter most. i love you, grandma! [ male announcer ] humana. ♪ t legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guidyou along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalizeand affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. dennis: 86-year-old hefner prepares to marry his 26-year-old boy, and i thought prnup, but the playboy is less now than at its peak, the bride could ask
and become the first and only national medicare advantage coany to achie a 5-star rating for a medicare pn... your efforts resu in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones o matter most. i love you, grandma! [ male announcer ] humana. ♪ t legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions...
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medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male annnnounc ]umana. ♪ >> talked a lot about baby names today. and it is fun picking a name but you have to actually raise the child. that is the hard part. >> that was it. fun is over. you pick the name. the fun is gone. it was all over. >> you have three children. tracy: they have to live up to the name. that is tough. i don't know how you live up to apple. [all talking at once] tracy: i bet he can flip the c. there you go. >> on that note, take it away, guys. tracy and dennis. tracy: good afternoon. i am tracy byrnes. >> i'm dennis kneale. no progress on the fiscal cliff and no plans to even talk about it. when will the white house and congress get serious about making a deal? tracy: on december 31st. dennis: the president is taking to twitter. we'll the latest all hour. tracy:
medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male annnnounc ]umana. ♪ >> talked a lot about baby names today. and it is fun picking a name but you have to actually raise the child. that is the hard part. >> that was it. fun is over. you pick the name. the fun is gone. it was all over. >> you have three...
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Dec 10, 2012
12/12
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we're going to do the same thing with social security, the same thing with medicare. and there should be. so we're going to have to have greater cost sharing for these expenses, and i think unions taking a leadership position on that instead of fighting it tooth and nail are going to allow unions to function properly and gain support back from both management and municipalities. megyn: they're not going to undo this in michigan unless they undo the choices they made for their political leaders, and we shall see what they decide on that. bernard, gretchen, thank you both. >> thank you, megyn. >> thank you. megyn: speaking of detroit, a big development with a group of chrysler workers who were caught on camera drinking and smoking pot on the job as they made cars. hmm. we're joined live by the reporter who broke the story on the unbelievable update to it today. >>> plus, a judge possibly redefining the term conflict of interest. the new scandal for this man just months after getting busted for sending a shirtless picture to one of his courtroom staffers. >> it went from
we're going to do the same thing with social security, the same thing with medicare. and there should be. so we're going to have to have greater cost sharing for these expenses, and i think unions taking a leadership position on that instead of fighting it tooth and nail are going to allow unions to function properly and gain support back from both management and municipalities. megyn: they're not going to undo this in michigan unless they undo the choices they made for their political leaders,...
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Dec 3, 2012
12/12
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or you have dick durbin come out one day saying he wants hands off social security and medicare in the frame work. that's where people see the breakdown in compromise. >> i think about durbin who has taken more arrows than anyone as someone who has hung with simpson-bowles and gang of six and say entitlements have to be part of this mix. what i think we do need to put in place and one of the things that our plan did that simpson-bowles and others did was if you walk in a top line number, you can't unwind that in the dark of the night. any ability to break a budget cap would require a stand alone vote. a two-thirds majority in the senate. this would be unprecedented in terms of trying to put discipline back into budgeting which we have lacked from both sides. >> you think the gang of six or gang of eight to the extent we get tax reform next year will play an important role in that and will we default back to simpson-bowles with corporate tax rates going down? >> i believe and hope tax rates will go down. they all went down based upon a top rated 39%. we can get it done. the challenge, i
or you have dick durbin come out one day saying he wants hands off social security and medicare in the frame work. that's where people see the breakdown in compromise. >> i think about durbin who has taken more arrows than anyone as someone who has hung with simpson-bowles and gang of six and say entitlements have to be part of this mix. what i think we do need to put in place and one of the things that our plan did that simpson-bowles and others did was if you walk in a top line number,...
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Dec 8, 2012
12/12
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FOXNEWSW
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been-- you look at entitlement programs and president obama and a lot of democrats say we can't cut medicare, social security, medicaid. and that's half the budget there. of course, we're spending 600, 700 billion dollars a year just to pay the interest on the debt. just on the interest. so you don't get any return on that. one last point, if we stay on the course we're on over the next ten years, do you know the biggest single expend did your item in the budget? >> i do, servicing the national debt. >> almost a trillion dollars a year to pay for our past fiscal sins. >> eric: i only have a half minute or so. is there any case in american history where raises taxes worked to stimulate the economy? >> i don't think so. a lot of experiences by the way, in the 60's under john f. kennedy, a democrat, in the 80's under a reagan when we cut tax rates the revenues went up, you know that, when we cut the tax rate. >> eric: i do, but i wanted to hear from steve moore, thank you very much. >> great to be with you, sir, have a great weekend. >> eric: he's meant to bring joy, but this big santa is stirr
been-- you look at entitlement programs and president obama and a lot of democrats say we can't cut medicare, social security, medicaid. and that's half the budget there. of course, we're spending 600, 700 billion dollars a year just to pay the interest on the debt. just on the interest. so you don't get any return on that. one last point, if we stay on the course we're on over the next ten years, do you know the biggest single expend did your item in the budget? >> i do, servicing the...